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Insurance Glossary

The world of insurance for law firms can be confusing, and difficult to navigate. We've created this glossary because these common insurance terms should be easy to understand.

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Mark Bassingthwaighte, Risk Manager

Since 1998, Mark Bassingthwaighte, Esq. has been a Risk Manager with ALPS, an attorney’s professional liability insurance carrier. In his tenure with the company, Mr. Bassingthwaighte has conducted over 1200 law firm risk management assessment visits, presented over 600 continuing legal education seminars throughout the United States, and written extensively on risk management, ethics, and technology. Mr. Bassingthwaighte is a member of the State Bar of Montana as well as the American Bar Association where he currently sits on the ABA Center for Professional Responsibility’s Conference Planning Committee. He received his J.D. from Drake University Law School.

3 min read

My Former Client Posted What???

No one enjoys hearing feedback about themselves that is critical in nature; but don’t get me wrong. Sometimes we need to hear that we’re not meeting the expectations of others. Critical feedback shared respectfully can be a wonderful opportunity...

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2 min read

Gifts From Clients Aren’t Always Problem Free

Sometimes clients genuinely wish to say thanks, particularly during this time of year, and the giving of a gift can be a very appropriate and...

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6 min read

ALPS In Brief Podcast-Episode 4: Opening a Law Firm? Think About Protecting Your Future.

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2 min read

Conflicts of Interest: How Past Representations Can Become a Current Problem

Malpractice claims alleging a conflict of interest have been a serious concern for insurers for years. One of the reasons is this. Conflict of...

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9 min read

ALPS In Brief Podcast-Episode 3: Stay Away from the Gray Area. Reporting Claims.

There are a number of common questions that policyholders ask in regards to reporting claims. In this episode, ALPS Claims Attorney John Ries talks...

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3 min read

Considering Limited Scope Representation? Don’t Play Fast and Loose with the RPCs.

Let’s review the basics. ABA Model Rule 1.2 (c) allows a lawyer to limit the scope of the representation if the limitation is reasonable under the...

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5 min read

ALPS In Brief Podcast-Episode 2: Insurance as an Investment, Not Just a Line Item

Mark sits down with Julie Patterson, a longtime ALPS Business Development Representative, bringing with her two decades of experience helping law...

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6 min read

ALPS In Brief Podcast-Episode 1: A Cyber Breach - It’s Not If, It’s When.

ALPS In Brief, The ALPS Risk Management Podcast, is hosted by ALPS Risk Manager, Mark Bassingthwaighte. While in Missoula, Libby Benet, U.S. Lead...

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4 min read

When Purchasing a Law Practice, Never Run with Assumptions

Assumptions. We all make them day after day. In fact, as I see it, doing so allows most days to progress with some level of predictability. For...

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4 min read

Why Declinations Really Do Need to Be Tracked

I’ve always been curious about why some attorneys never take the time to make sure that at least the name of every declined prospective client makes...

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4 min read

Data Security – It’s Time to Stop Making Excuses

(Updated May 19, 2023) The days when an attorney could send an unencrypted email without worry, remain blissfully ignorant about encrypting a...

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3 min read

Try Not To Be A Patsy, Seriously.

I’m not sure why, but I’ve always had a fondness for the word patsy. While the word doesn’t seem to be in wide use anymore, I personally believe the...

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4 min read

How To Identify The Potential Clients You Really Should Say No To

(Updated March 2024) Everyone makes a wrong decision now and again. Unfortunately, if the wrong decision was agreeing to take on a client that you...

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